Issue details

Letting of Unit in Kingswalk

This is a commercial decision to grant a new lease in a unit in Kingswalk Shopping Centre Gloucester under the General Exception rule. The identity and details of the letting are business sensitive at this stage and not for publication. However, the total contract term value is potentially £850,000.

Decision type: Key

Reason Key: Contract £500,000 >;

Decision status: Recommendations Approved (subject to call-in)

Wards affected: Westgate;

Notice of proposed decision first published: 29/11/2018

Reason for urgency:
It is important to grant the lease quickly to secure the interest and preserve the Council’s revenue flow and the vitality of the shopping centre as a whole.

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
The details of the letting are exempt from disclosure tot he press and public as they contain exempt information as defined in paragraph (3) of schedule 12A to the Local Government Act 1972 (as amended).

Decision due: 7 Dec 2018 by Cabinet Member for Regeneration and Economy

Lead member: Cabinet Member for Regeneration and Economy

Lead director: Head of Paid Service

Department: Regeneration and Economic Development

Contact: Mark Foyn, Property Commissioning Manager Email: mark.foyn@gloucester.gov.uk.

Reason No Public Access: The details of the letting are not for disclosure to the press and public because they contain exempt information as defined in paragraph (3) of schedule 12A to the Local Government Act 1972 (as amended).

Decisions

 

 
 
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